Malaysia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Malaysia

The Malaysian geometrical quantities electronic measurer market expanded significantly to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption posted prominent growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Electronic Instruments And Machines For Measuring Geometrical Quantities in Malaysia

In value terms, geometrical quantities electronic measurer production totaled $X in 2022 estimated in export price. Overall, production showed strong growth. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

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Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Malaysia

In 2022, geometrical quantities electronic measurer exports from Malaysia dropped modestly to X units, with a decrease of X% on 2021. Over the period under review, exports, however, saw a perceptible expansion. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, geometrical quantities electronic measurer exports reduced to $X in 2022. In general, exports, however, enjoyed a strong increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for geometrical quantities electronic measurer exports from Malaysia, accounting for a X% share of total exports. Moreover, geometrical quantities electronic measurer exports to the United States exceeded the volume sent to the second major destination, Singapore (X units), tenfold. Thailand (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

In value terms, China ($X), Singapore ($X) and the United States ($X) were the largest markets for geometrical quantities electronic measurer exported from Malaysia worldwide, with a combined X% share of total exports.

China, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, approximately reflecting the previous year. Over the period under review, the export price showed a remarkable increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Malaysia

Geometrical quantities electronic measurer imports into Malaysia skyrocketed to X units in 2022, with an increase of X% against 2021. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports soared to $X in 2022. In general, total imports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of geometrical quantities electronic measurer to Malaysia, accounting for a X% share of total imports. Moreover, geometrical quantities electronic measurer imports from Japan exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Vietnam (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Vietnam (X% per year).

In value terms, Japan ($X), China ($X) and Singapore ($X) constituted the largest geometrical quantities electronic measurer suppliers to Malaysia, together accounting for X% of total imports. Germany, the United States, Taiwan (Chinese), Thailand, Vietnam, Indonesia and the Philippines lagged somewhat behind, together comprising a further X%.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the import price saw a noticeable setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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